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Q: What should be the minimum balance PNB saving account?
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What should be the minimum balance SBI saving account?

0 for maintenance w.e.f. 25/04/2012. Rs. 100/- for opening


What are the requirements for a high yield saving account?

The requirements on a high yield savings account vary depending on the bank that you choose. Some have minimum deposits, others have a minimum average balance. One should always check with the bank they are interested in and competitors before opening an account.


Why do you have to keep a minimum balanced in your account in order to invest?

You have to have money to invest money, so an empty account would not have investing ability. Most companies require a minimum investment, which should be close to the minimum balance for your account.


Is there usually a minimum balance requirement for free checking deals?

If you are getting a free checking account. The balance reuqirement should be zero dollars and should have keep the account open with a one penny.


Why might banks require a minimum balance be maintained n savings account?

Providing you a bank account and service at the branch means that the bank incurs some expenses or should I say cost. In order to cover for that cost, banks usually specify a minimum balance based on the type of account and services you wish to avail. This minimum balance should be sufficient to offset the cost the bank incurs in providing you with the requisite services. At the end of the day, it is a business for the bank and their motive is to make a profit while providing you with banking services. That is why they require you to maintain a minimum balance on your savings account.


What is opening balance control account?

we should entry the opening balance to account for total balance ,That adjustment is opening balance control


What features should a children's savings account have?

A child's savings account should feature a good percentage of AER to make sure the best interest is received. Withdrawals should also be kept to a minimum as to promote saving and not spending and also making it harder to access the savings. Bonuses are also sometimes available, which is a good motivation to saving for children.


How do you checking account balance in my account?

To check your account balance, go to your local bank and ask them to check it for you. They should be able to tell you what your account balance is. Otherwise, if that needs to be done online, log into your local bank's website and you should be able to check your account balance on your own.


How much amount to open saving account on sbi?

The minimum amount required depends on the facilities you want. If you want an ATM card and a cheque book on your account, the bank will ask you for Rs. 1000/- or more as minimum deposit. If you don't want these features then the bank should accept only Rs. 500/- as the minimum deposit.


Savings account opening zero balance sbi?

Only if you are working in a company & that company should have account in icici.then only u can have "0" balance account. otherwise it is not possible.


Does a revenue account normally have a debit balance?

No. A revenue account should always show a credit balance.


Do you get a balance if you're not joint on a checking account?

If you are not listed as a signer on the account you should receive absolutely no information about that account, including the balance.